Local News
Cambodia Announces Stamp Duty Exemption for First-Time Home Buyers in 2025
In a significant move to boost the real estate market and support first-time home buyers, the Royal Government of Cambodia has announced a one-year exemption from stamp duty for properties priced at USD 210,000 or less. This initiative will be effective from January 1, 2025, to December 31, 2025, according to the government’s announcement issued […]
Read More
Cambodia Earn Nearly USD 50 Million from Tourist Ticket Sales in 2024
In an exciting development for Cambodia’s tourism sector, the country generated close to USD 50 million from ticket sales for its iconic sites—Angkor, Koh Ker, and various boat rides—over the course of 2024. According to a comprehensive report released by the Angkor Institute on January 1, 2025, Cambodia collected a remarkable total of USD 48,950,354 […]
Read More
Exciting New Year Discounts on Cambodian eVisas!
As we welcome 2025, the Royal Government of Cambodia is kicking off the New Year with a fantastic announcement for international travelers! Starting January 1, 2025, visitors to the Kingdom of Wonder can enjoy substantial discounts on their eVisa fees, making it easier and more affordable to explore the country’s rich culture and breathtaking landscapes. […]
Read More
Cambodia’s Trade Volume Soars to Over USD 50 Billion in 2024, Marking a 15.95% Growth
Cambodia’s trade volume has exceeded USD 50 billion in the first 11 months of 2024, reflecting a substantial growth of 15.95% compared to the same period in 2023, as reported recently by the Ministry of Commerce in December 2024. This remarkable achievement underscores the nation’s robust economic progress and increasing integration into global trade networks. […]
Read More
Asia Pacific Real Estate Forecast 2025: Navigating Challenges with Resilience and Opportunity
The Asia Pacific real estate market is poised for steady growth in 2025, buoyed by easing global interest rates and projected regional GDP growth of 4.4%, despite persistent challenges such as China’s ongoing property market struggles and geopolitical tensions. the International Monetary Fund (IMF) and World Bank confirmed these growth projections in their recent regional […]
Read More
Vireak Buntham Launches High-Speed Passenger Ship Connecting Kampot and Koh Tral
Vireak Buntham Company has officially launched a high-speed passenger ship service connecting Kampot International Tourist Port to Koh Tral (Phu Quoc Island), Vietnam. The direct journey, which takes just 40 minutes, marks a significant advancement in cross-border connectivity and was announced on the company’s official Facebook page on 25 December 2024. The launch follows the […]
Read More
Cambodian Banks Cut Interest Rates to 8% to Revive Real Estate Sector
To boost Cambodia’s struggling real estate sector, leading banking and financial institutions have announced a significant reduction in interest rates for real estate loans, cutting rates to 8% annually. This decision, aimed at reducing financial burdens on homebuyers and revitalising the housing market, follows a Construction and Real Estate Working Group “D” meeting chaired by […]
Read More
Cambodia Eyes Potential to Expand World-class Integrated Resorts Market, with 87 Casinos Currently Operating
Cambodia is advancing plans to expand its casino industry by developing world-class integrated resorts (IRs) and implementing attractive tax policies to entice investors. The announcement was made on 10 December 2024 by Khim Oudam, Deputy Director of Licensing at Cambodia’s Commercial Gambling Management Commission (CGMC), during remarks to GGRAsia. The country’s gross gaming revenue (GGR) […]
Read More
Cambodia Raises USD 70 Million Through Government Bonds in Nine Months of 2024
In nine months, the Cambodian government raised approximately USD 70 million through the sale of government bonds to domestic investors in the first nine months of 2024. This achievement, which represents 65% of the legally allowed issuance limit of 440 billion riels, underscores the country’s commitment to strengthening its domestic funding mechanisms and reducing reliance […]
Read More
Cambodia Launches Innovative Digital Platform to Register Informal Economy Businesses
In a landmark move to support its informal economy, the Cambodian government, led by PM Hun Manet, officially launched a digital registration platform on 16 December 2024. This initiative aims to register informal economy businesses, providing them with formal recognition and support, while enhancing awareness of their contributions to the national and family economy. The […]
Read More